Home Discord Chat
Go Back   ChiefsPlanet > Nzoner's Game Room
Reload this Page Money Investing megathread extravaganza
Register FAQDonate Members List Calendar

Reply
Page 169 of 955 « First 69119159165166167168 169 170171172173179219269669 Last »
 
Thread Tools Display Modes
Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
Kind of a mod
 
DaFace's Avatar
 
Join Date: Aug 2005
Location: Donkey Land
Casino cash: $-1643101
Investing megathread extravaganza
A place to talk about investing stuff.
Last edited by DaFace; 02-19-2021 at 06:35 PM..
Posts: 53,117
DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.
     Reply With Quote
Old 12-22-2018, 10:45 PM   #2521
Great Expectations Great Expectations is offline
MVP
 
Great Expectations's Avatar
 

Join Date: Dec 2008
Location: Joplin, MO
Casino cash: $10902338
Put $18,500 in every year with an equitable split between large cap/medium cap/small cap. In 8 years move into mostly the large/med cap. Taper off reguarly from there.
__________________
http://chiefsplanet.com/BB/signaturepics/sigpic11348_1.gif
Posts: 7,302
Great Expectations threw an interception on a screen pass.Great Expectations threw an interception on a screen pass.Great Expectations threw an interception on a screen pass.Great Expectations threw an interception on a screen pass.Great Expectations threw an interception on a screen pass.Great Expectations threw an interception on a screen pass.Great Expectations threw an interception on a screen pass.Great Expectations threw an interception on a screen pass.Great Expectations threw an interception on a screen pass.Great Expectations threw an interception on a screen pass.Great Expectations threw an interception on a screen pass.
     Reply With Quote
Old 12-22-2018, 10:52 PM   #2522
TwistedChief TwistedChief is offline
Why so serious?
 
TwistedChief's Avatar
 

Join Date: Dec 2016
Location: Chicago
Casino cash: $-1209585
Quote:
Originally Posted by 'Hamas' Jenkins View Post
I'm not trying to turn into a day trader at all.
Yes, this is it. Don't focus on all of this nonsense. I've worked in this world for 16yrs and there's no one you should give a dime to thinking they have the ability to do better than average. A lot of mediocrity will try to convince you otherwise and a lot of FOMO will try to do the same.

It's good you're thinking about this when the market is struggling and not when everyone is patting themselves on the back during a bull market for their brilliant ability to trade stocks. (People will hate me for saying this but it's the reality.)
Posts: 13,267
TwistedChief is obviously part of the inner Circle.TwistedChief is obviously part of the inner Circle.TwistedChief is obviously part of the inner Circle.TwistedChief is obviously part of the inner Circle.TwistedChief is obviously part of the inner Circle.TwistedChief is obviously part of the inner Circle.TwistedChief is obviously part of the inner Circle.TwistedChief is obviously part of the inner Circle.TwistedChief is obviously part of the inner Circle.TwistedChief is obviously part of the inner Circle.TwistedChief is obviously part of the inner Circle.
     Reply With Quote
Old 12-22-2018, 10:53 PM   #2523
DaFace DaFace is offline
Kind of a mod
 
DaFace's Avatar
 

Join Date: Aug 2005
Location: Donkey Land
Casino cash: $-1643101
Quote:
Originally Posted by TwistedChief View Post
Yes, this is it. Don't focus on all of this nonsense. I've worked in this world for 16yrs and there's no one you should give a dime to thinking they have the ability to do better than average. A lot of mediocrity will try to convince you otherwise and a lot of FOMO will try to do the same.

It's good you're thinking about this when the market is struggling and not when everyone is patting themselves on the back during a bull market for their brilliant ability to trade stocks. (People will hate me for saying this but it's the reality.)
Meh. We boring investors are here too. It's just boring, so there's not near as much to talk about.

"OMG, THE STOCK MARKET IS CRASHING!!!" "Oh. Well, I guess I'll just...keep doing what I've been doing for years I suppose."
Posts: 53,117
DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.
     Reply With Quote
Old 12-22-2018, 10:54 PM   #2524
EPodolak EPodolak is offline
Spooky Action
 
EPodolak's Avatar
 

Join Date: Dec 2003
Casino cash: $-947442
Quote:
Originally Posted by 'Hamas' Jenkins View Post
Question:

I just got a job offer. Salary will start ~120 with a significant increase after about three years. Company offers an IRA that they match 50% of up to 5 percent of my salary (2.5% ). I'll have about 180k of student loan debt.

What resources do you recommend I look at, and how would you diversify?
Big proponent of indexing here. Sometimes ignoring all the noise out there and temptation to get richer faster takes discipline, a book like this one breaks down the approach and can help you stay the course.

https://smile.amazon.com/Bogleheads-...e+to+investing

This BB is also great support for personal investing that centers around index investing: [https://www.bogleheads.org/forum/viewforum.php?f=1]
Posts: 6,707
EPodolak 's phone was tapped by Scott Pioli.EPodolak 's phone was tapped by Scott Pioli.EPodolak 's phone was tapped by Scott Pioli.EPodolak 's phone was tapped by Scott Pioli.EPodolak 's phone was tapped by Scott Pioli.EPodolak 's phone was tapped by Scott Pioli.EPodolak 's phone was tapped by Scott Pioli.EPodolak 's phone was tapped by Scott Pioli.EPodolak 's phone was tapped by Scott Pioli.EPodolak 's phone was tapped by Scott Pioli.EPodolak 's phone was tapped by Scott Pioli.
     Reply With Quote
Old 12-22-2018, 11:01 PM   #2525
TwistedChief TwistedChief is offline
Why so serious?
 
TwistedChief's Avatar
 

Join Date: Dec 2016
Location: Chicago
Casino cash: $-1209585
Quote:
Originally Posted by DaFace View Post
Meh. We boring investors are here too. It's just boring, so there's not near as much to talk about.

"OMG, THE STOCK MARKET IS CRASHING!!!" "Oh. Well, I guess I'll just...keep doing what I've been doing for years I suppose."
Yeah, but man, there's a lot of mediocrity who are paid a lot of money and spend every single moment of every day trying to find opportunities in the market and cannot consistently do so. Are most prepared to invest their time and do the same? Probably not. And so, just being average is super acceptable.

I'm a portfolio manager at a hedge fund. I get it. There are 4 people in my world I know outside of myself that I would ever entrust money to, and I know thousands.
Posts: 13,267
TwistedChief is obviously part of the inner Circle.TwistedChief is obviously part of the inner Circle.TwistedChief is obviously part of the inner Circle.TwistedChief is obviously part of the inner Circle.TwistedChief is obviously part of the inner Circle.TwistedChief is obviously part of the inner Circle.TwistedChief is obviously part of the inner Circle.TwistedChief is obviously part of the inner Circle.TwistedChief is obviously part of the inner Circle.TwistedChief is obviously part of the inner Circle.TwistedChief is obviously part of the inner Circle.
     Reply With Quote
Old 12-23-2018, 10:05 AM   #2526
ChiliConCarnage ChiliConCarnage is offline
TACO SALAD
 
ChiliConCarnage's Avatar
 

Join Date: Apr 2008
Location: yes
Casino cash: $-1861532
Quote:
Originally Posted by DaFace View Post
Meh. We boring investors are here too. It's just boring, so there's not near as much to talk about.
We get to put 6,000 into IRA's at the start of the year so I guess this was timed well at least? Straining for any upside

It looks like we have a really good shot to finish as the 2nd worst December in history. 1930 was down 7.x%. We're currently down 12.x% so we'd need quite a recovery in the last few days. 1931 was down 14.x% so it's actually within reach.

Pulling out a single month is a bit arbitrary but I think it's sort of amazing we're on pace to finish sandwiched between two years of the great depression.
Posts: 7,041
ChiliConCarnage threw an interception on a screen pass.ChiliConCarnage threw an interception on a screen pass.ChiliConCarnage threw an interception on a screen pass.ChiliConCarnage threw an interception on a screen pass.ChiliConCarnage threw an interception on a screen pass.ChiliConCarnage threw an interception on a screen pass.ChiliConCarnage threw an interception on a screen pass.ChiliConCarnage threw an interception on a screen pass.ChiliConCarnage threw an interception on a screen pass.ChiliConCarnage threw an interception on a screen pass.ChiliConCarnage threw an interception on a screen pass.
     Reply With Quote
Old 12-23-2018, 10:28 AM   #2527
O.city O.city is offline
In Search of a Life
 
O.city's Avatar
 

Join Date: Jul 2009
Casino cash: $-525936
Hamas, I’m no expert on this by any means but I was in a similar spot with loans and such.

I would recommend paying as much as you can towards the debt repayment as you can. Don’t forget about retirement obviously, but getting out from under that will help alot
Posts: 84,151
O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.
     Reply With Quote
Old 12-23-2018, 10:41 AM   #2528
Hog's Gone Fishin Hog's Gone Fishin is offline
Fish are scared of me
 
Hog's Gone Fishin's Avatar
 

Join Date: Nov 2001
Casino cash: $-1419523
Quote:
Originally Posted by TwistedChief View Post
Yeah, but man, there's a lot of mediocrity who are paid a lot of money and spend every single moment of every day trying to find opportunities in the market and cannot consistently do so. Are most prepared to invest their time and do the same? Probably not. And so, just being average is super acceptable.

I'm a portfolio manager at a hedge fund. I get it. There are 4 people in my world I know outside of myself that I would ever entrust money to, and I know thousands.
Well then

How about a list of 5 stocks to invest in this January.
Posts: 40,645
Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.
     Reply With Quote
Old 12-23-2018, 10:58 AM   #2529
TwistedChief TwistedChief is offline
Why so serious?
 
TwistedChief's Avatar
 

Join Date: Dec 2016
Location: Chicago
Casino cash: $-1209585
Quote:
Originally Posted by Hog's Gone Fishin View Post
Well then

How about a list of 5 stocks to invest in this January.
I don’t trade stocks - sorry.
Posts: 13,267
TwistedChief is obviously part of the inner Circle.TwistedChief is obviously part of the inner Circle.TwistedChief is obviously part of the inner Circle.TwistedChief is obviously part of the inner Circle.TwistedChief is obviously part of the inner Circle.TwistedChief is obviously part of the inner Circle.TwistedChief is obviously part of the inner Circle.TwistedChief is obviously part of the inner Circle.TwistedChief is obviously part of the inner Circle.TwistedChief is obviously part of the inner Circle.TwistedChief is obviously part of the inner Circle.
     Reply With Quote
Old 12-23-2018, 10:59 AM   #2530
'Hamas' Jenkins 'Hamas' Jenkins is offline
Now you've pissed me off!
 
'Hamas' Jenkins's Avatar
 

Join Date: Jan 2006
Casino cash: $7289572
Quote:
Originally Posted by O.city View Post
Hamas, I’m no expert on this by any means but I was in a similar spot with loans and such.

I would recommend paying as much as you can towards the debt repayment as you can. Don’t forget about retirement obviously, but getting out from under that will help alot
Agreed.
__________________
"When the Know-Nothings get control, it will read 'all men are created equal, except negroes, and foreigners, and Catholics.' When it comes to this I should prefer emigrating to some country where they make no pretense of loving liberty – to Russia, for instance, where despotism can be taken pure, and without the base alloy of hypocrisy.”--Abraham Lincoln
Posts: 75,077
'Hamas' Jenkins is obviously part of the inner Circle.'Hamas' Jenkins is obviously part of the inner Circle.'Hamas' Jenkins is obviously part of the inner Circle.'Hamas' Jenkins is obviously part of the inner Circle.'Hamas' Jenkins is obviously part of the inner Circle.'Hamas' Jenkins is obviously part of the inner Circle.'Hamas' Jenkins is obviously part of the inner Circle.'Hamas' Jenkins is obviously part of the inner Circle.'Hamas' Jenkins is obviously part of the inner Circle.'Hamas' Jenkins is obviously part of the inner Circle.'Hamas' Jenkins is obviously part of the inner Circle.
     Reply With Quote
Old 12-23-2018, 11:02 AM   #2531
DaFace DaFace is offline
Kind of a mod
 
DaFace's Avatar
 

Join Date: Aug 2005
Location: Donkey Land
Casino cash: $-1643101
Quote:
Originally Posted by 'Hamas' Jenkins View Post
Agreed.
Yeah, do what you need to do to get the company match, but beyond that, debt reduction is your main priority for the near term.
Posts: 53,117
DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.
     Reply With Quote
Old 12-23-2018, 11:26 AM   #2532
ChiliConCarnage ChiliConCarnage is offline
TACO SALAD
 
ChiliConCarnage's Avatar
 

Join Date: Apr 2008
Location: yes
Casino cash: $-1861532
Quote:
Originally Posted by 'Hamas' Jenkins View Post
Agreed.
I hate debt; It feels like a huge weight youre under and stresses me a bit. From a strict numbers perspective it probably depends on the rates on your loans.

Either way, congrats. It's a lot of money to pay back but seems to have provided you with a great career.
Posts: 7,041
ChiliConCarnage threw an interception on a screen pass.ChiliConCarnage threw an interception on a screen pass.ChiliConCarnage threw an interception on a screen pass.ChiliConCarnage threw an interception on a screen pass.ChiliConCarnage threw an interception on a screen pass.ChiliConCarnage threw an interception on a screen pass.ChiliConCarnage threw an interception on a screen pass.ChiliConCarnage threw an interception on a screen pass.ChiliConCarnage threw an interception on a screen pass.ChiliConCarnage threw an interception on a screen pass.ChiliConCarnage threw an interception on a screen pass.
     Reply With Quote
Old 12-23-2018, 11:29 AM   #2533
O.city O.city is offline
In Search of a Life
 
O.city's Avatar
 

Join Date: Jul 2009
Casino cash: $-525936
Those fed loans are a real pain in the ass at 7.2 percent.

I went them a private bank and re did them once I had my office paid for and got the rate a lot lower.
Posts: 84,151
O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.
     Reply With Quote
Old 12-23-2018, 02:13 PM   #2534
lewdog lewdog is offline
Mod Team
 
lewdog's Avatar
 

Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-1348100
Quote:
Originally Posted by O.city View Post
Hamas, I’m no expert on this by any means but I was in a similar spot with loans and such.

I would recommend paying as much as you can towards the debt repayment as you can. Don’t forget about retirement obviously, but getting out from under that will help alot
Quote:
Originally Posted by DaFace View Post
Yeah, do what you need to do to get the company match, but beyond that, debt reduction is your main priority for the near term.
Congrats Hamas by the way.

And this is basically it. Don't pass up any free money so do the minimum contribution to get all the free money, so 5%.

After that, tackle debt. If you have any credit card debt, I'd start there. After that, work on the student loans and possibly refinancing them to a lower rate if you're able (not sure what you're paying).

I had $60k debt after my schooling so I only contributed 4-6% to my 401k (to get the entire free match) until I paid off my student loans last year. Now I do 12% to my 401k and it's barely noticeable out of my take-home with the loans now gone, even leaving money left over to contribute to a ROTH IRA each month.

Hopefully your employer offers cost effective index funds for your retirement plan. I am invested in only Index funds alone in my 401k (Large, small and foreign). Many companies finally offer low cost index funds, but there are still some hold-overs of employers who offer expensive and less than ideal retirement funds. Let us know your choices when you get that info.
Posts: 46,296
lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.
     Reply With Quote
Old 12-24-2018, 12:31 PM   #2535
Coach Coach is offline
Champs!
 
Coach's Avatar
 

Join Date: Mar 2004
Casino cash: $3808476
Ugh. Definitely a Bear market.

I feel bad for the folks who are about to be retiring. Thank god my father retired just in time.
__________________
Super Bowl IV, LIV, LVII & LVIII Champions
2020, 2021, 2023, 2024, & 2025 AFC Champions
1985 & 2015 Major League Baseball World Series Champions
1980, 1985, 2014, & 2015 Major League Baseball American League Champions
2015 American League Central Division Champs
Posts: 54,691
Coach is obviously part of the inner Circle.Coach is obviously part of the inner Circle.Coach is obviously part of the inner Circle.Coach is obviously part of the inner Circle.Coach is obviously part of the inner Circle.Coach is obviously part of the inner Circle.Coach is obviously part of the inner Circle.Coach is obviously part of the inner Circle.Coach is obviously part of the inner Circle.Coach is obviously part of the inner Circle.Coach is obviously part of the inner Circle.
     Reply With Quote
Reply
Page 169 of 955 « First 69119159165166167168 169 170171172173179219269669 Last »

« Previous Thread | > Nzoner's Game Room < | Next Thread »

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump




All times are GMT -6. The time now is 01:09 PM.

Contact Us - ChiefsPlanet - Archive - Top

This is a test for a client's site.
Fort Worth Texas Process Servers
Covering Arlington, Fort Worth, Grand Prairie and surrounding communities.
Tarrant County, Texas and Johnson County, Texas.
Advertise with us!
Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2025, vBulletin Solutions, Inc.